SVB Investors Warn KPMG of Expanded Claims Over Bank Collapse

KPMG LLP is bracing for an expanded set of investor claims including securities fraud in an ongoing court fight over the Big Four accounting firm’s audits for failed Silicon Valley Bank.

PwC Australia Profit Drops, But Fewer Partners Split the Pot

PWC Australia’s annual profit and revenue fell last year as it moved to incorporate AI into its auditing services.

Group Says Mythos Poses Risk to SEC Market-Tracking Database

Anthropic PBC’s new artificial intelligence model Mythos could put traders and the broader financial system at risk through a Securities and Exchange Commission database, the American Securities Association said Thursday.

Tesla Cybertruck Sales Were Inflated by a SpaceX Buying Spree

Sales of Tesla Inc.’s Cybertruck have been propped up in recent months by Elon Musk’s other companies, an unusual arrangement that further indicates the polarizing pickup is failing to appeal to everyday buyers.

SEC Move to Trim Corporate Risks Galvanizes Safe Harbor Debate

Companies and investors are at odds over the role legal safe harbors for risk factor reporting should play in the SEC’s push to lighten disclosure burdens.

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Ex-Macquarie Banker Must Stand Cum-Ex Trial, Court Rules

A former banker at Macquarie Group Ltd. must stand trial in Germany over the Cum-Ex affair, a German court ruled, making him the first former staffer from a major international investment bank to face charges in court in the tax scandal.

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Cursor In Talks to Raise $2 Billion at Over $50 Billion Value

Cursor, a leading artificial intelligence startup for coding, is in advanced talks with investors to raise about $2 billion in a funding round at a valuation of more than $50 billion, not including the investment, according to a person familiar with the matter.

Why GOP Lawmakers Are Targeting the US Audit Board

SEC Top Accountant Talks Banking Crisis, Audit Worries

'Data Nerd’ Regulator Preps for Digital Auditing Future

How 40 Years of Tax Cuts Have Exacerbated Inequality

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